Governor Deval Patrick today announced a state-federal partnership to advance the Somerville Assembly Square Project. Joined by Senator John Kerry,Congressman Mike Capuano, and Somerville Mayor Joseph A. Curtatone, the Governor said more than $65 million in state bond and federal stimulus funds will support the public infrastructure improvements needed to accelerate a development project and create thousands of permanent jobs and long-term regional economic growth.
The Governor has committed $50 million as the state’s first project supported by Infrastructure Investment Incentive Program (I-Cubed) program bonds. I-Cubed creates a partnership between a developer, a host community and the state, helping municipalities and developers fund street, sidewalk, water and sewer and other infrastructure projects that ignite private development and stimulate the state’s economy. These funds will support public infrastructure improvements at the project.
The Congressional delegation and the Governor have also committed to using $15 million in American Recovery and Reinvestment Act (ARRA) Highway Transportation funding to complete the necessary infrastructure improvements for the mixed-use project.
A large, multi-phase project to be completed over several years, the Assembly Square project will ultimately result in 1.75 million square feet of office space, 1.15 million square feet of retail space including a new hotel, 2,100 rental and ownership condominium housing units and a new MBTA Orange line stop.
Learn more about Governor Patrick's Massachusetts Recovery Plan.
MassDOT, MBTA Launch Focus40 posted on May 23
MassDOT and the MBTA will kick off development of a long-term investment plan for the MBTA at Northeastern University’s Curry Student Center at 5 p.m., on Tuesday, May 24. Known as Focus40, the effort looks ahead at how the MBTA can serve the people of …Continue Reading MassDOT, MBTA Launch Focus40
MassDOT, MassWildlife Event Highlights Peregrine Falcon Nest Box Program posted on May 21
MassDOT’s Highway Division and the Executive Office of Energy & Environmental Affairs’ Massachusetts Division of Fisheries and Wildlife hosted an event on Friday, May 20 to highlight the joint Peregrine Falcon Nest Box Program and other cross-agency efforts to help with the recovery, conservation and …Continue Reading MassDOT, MassWildlife Event Highlights Peregrine Falcon Nest Box Program
Leominster: Mechanic Street Groundbreaking posted on May 20
MassDOT officials joined Leominster Mayor Dean Mazzarella today to celebrate groundbreaking for the reconstruction of Mechanic Street. The project will reconstruct Mechanic Street from its intersection with Laurel Street and east to the Leominster Connector to make it safer for vehicle and pedestrian traffic and …Continue Reading Leominster: Mechanic Street Groundbreaking